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ll From the following data for the last 12 months compute the average stock level for a component: - Maximum usage in a month 300

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From the following data for the last 12 months compute the average stock level for a component: - Maximum usage in a month 300 Nos. Minimum usage in a month 200 Nos. Average usage in a month 225 Nos. Time lag procurement of materials: Maximum 6 months, minimum 2 months, Re-order quantity - 750 Nos

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